Financial performance and corporate social responsibility: Empirical evidence from Taiwan

被引：44

作者：

Lin, Lin ^{[1
]}

Hung, Pi-Hsia ^{[1
]}

Chou, De-Wai ^{[2
]}

Lai, Christine W. ^{[2
]}

机构：

[1] Natl Chi Nan Univ, Dept Banking & Finance, Puli Township 545, Nantou, Taiwan

[2] Natl Taiwan Normal Univ, Grad Inst Management, Taipei 106, Taiwan

来源：

ASIA PACIFIC MANAGEMENT REVIEW | 2019年 / 24卷 / 01期

关键词：

Corporate social responsibility; Financial performance; CSRHub; Asia; Taiwan;

D O I：

10.1016/j.apmrv.2018.07.001

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This study, using data provided by CSRHub, examines the effect of CSR dimensions on the financial performance of firms in Taiwan. Specifically, we examine whether CSR in employment exhibits a signaling effect and results in financial benefits to firms in Taiwan. We find that allocating resources to diversity, labor rights, treatment of unions, compensation, benefits, training, health, and worker safety can be beneficial to a firm's value creation. Using sustainability ratings by CSRHub, we are able to cover a broader range of companies in size, geography, and industry type than those previously studied. (C) 2018 College of Management, National Cheng Kung University. Production and hosting by Elsevier Taiwan LLC. All rights reserved.

引用

页码：61 / 71

页数：11

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